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let me repeat, nothing i'm proposing tonight should increase our deficit by a single dime. it's not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth." the president will also continue his push for gun control and comprehensive immigration reform. but, scott, we're told by white house officials there will be no new ideas for those two issues because the white house says the underlying legislative politics are complicated enough. >> pelley: major, thank you. on that afghanistan announcement, there are 66,000 americans fighting there tonight. mr. obama intends to bring home 34,000 of them by this time next year. most u.s. combat troops are due home by the end of 2014. charlie d'agata is at our afghan bureau in the capital kabul and, charlie, i wonder, what is this going to mean to the troops on the ground? >> reporter: well, the key question, scott, is the time frame. any commanders here will tell you that they want as many boots on the ground for as long as they can, certainly through the summer and the fall when the
let me repeat, nothing i'm proposing tonight should increase our deficit by a single dime. it's not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth." the president will also continue his push for gun control and comprehensive immigration reform. but, scott, we're told by white house officials there will be no new ideas for those two issues because the white house says the underlying legislative politics are complicated enough....
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deficits. i think we know he's going say we're not going to increase deficits. this won't cost the american people a dime. how do you do big programs without costing anything? doing that either suggests you're going to make serious trade-offs cut somewhere else to spend here or do small symbolic stuff. >> woodruff: the white house is already putting out some advanced text saying that these are things... some of the things he wants to do are not going to cost the taxpayers anything. both of you have mentioned the inaugural address. we hear from the white house that the president is not just talking to the members of congress in the chamber. he's talking to millions of americans who have everything at stake. >> you could say to some degree the audience is the 48% who did not vote for him. in the sense that what he says to them. but really the true sense tonight is the people who are listening are those who support, admire and identify with the president. that's the case with every state of the un
deficits. i think we know he's going say we're not going to increase deficits. this won't cost the american people a dime. how do you do big programs without costing anything? doing that either suggests you're going to make serious trade-offs cut somewhere else to spend here or do small symbolic stuff. >> woodruff: the white house is already putting out some advanced text saying that these are things... some of the things he wants to do are not going to cost the taxpayers anything. both...
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that said, you know, one has to wonder about deficit and debt. how much the president is going to focus on that. to hear the house speaker say he doesn't think the president has the guts to do that, to challenge his own party on that, that was something. >> this is a very confident president. he is re-elect and feels the opponents are divided and the country is behind him. the question tonight is how much does he feel he has to compromise to get a deal? how much does he want a deal? how much does he think his legacy runs through a grand bargain with the republicans? i mean i would argue what he wants to make real investments in infrastructure and education and clean energy and manufacturing, which is he going to call for tonight, but if he wants to make them substantial he has to get the fiscal problem solved to free up revenue to do that and get some growth. we will find out a lot tonight. does he still want to demand concessions from the republicans? because he thinks he can do it again the way he did it in the debt ceiling deal? or does he thi
that said, you know, one has to wonder about deficit and debt. how much the president is going to focus on that. to hear the house speaker say he doesn't think the president has the guts to do that, to challenge his own party on that, that was something. >> this is a very confident president. he is re-elect and feels the opponents are divided and the country is behind him. the question tonight is how much does he feel he has to compromise to get a deal? how much does he want a deal? how...
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nothing i'm proposing tonight should increase our deficit by a single dime. it's a smarter government we need that sets priorities and invests in broad based growth. interesting statement, krystal. >> absolutely. republicans try to caricature him as a big government liberal who's never seen a government program that he doesn't like, who's going to spind us into the ditch. he's going to turn us into greece. the facts and the record say things that are different. since january it's been quite a while. i think it was january 2008 we actually had a surplus. this january he has been slowing the growth of government spending. it has been a priority for him. but obviously because of the economic realities, we had to invest in the country in an immediate way to get us back on track. so making that case reminding voters that he has been a responsible hand on the tiller when it comes to balancing the budget and keeping those policies in mind is important too. >> richard, i want to bring this up because i want to bring this up. >> do it. >> when we've talked about the 1
nothing i'm proposing tonight should increase our deficit by a single dime. it's a smarter government we need that sets priorities and invests in broad based growth. interesting statement, krystal. >> absolutely. republicans try to caricature him as a big government liberal who's never seen a government program that he doesn't like, who's going to spind us into the ditch. he's going to turn us into greece. the facts and the record say things that are different. since january it's been...
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. >> industrial demand in platinum and a supply deficit in platinum. >> all right. guy? >> funny you should bring up bacon, mel. >> why? >> i don't know if this is the top trade of the day necessarily, but you scoffed at me, at jack -- >> you always say i scoff, but i -- >> you do scoff, unrelated to this. >> jack in the box has been a monster. i understand valuation is a stretch. and i understand that people bet against the stock and lose. i think they will continue to do so into earnings, which i believe come out next week. >> why is that speaking of bacon. >> don't they make burgers and those things -- >> i don't know. it's your trade. >> qdoba, we're going there for valentine's day. >> that's your present to me? you just blew it. no surprise. karen? >> xlf. we own a number of, you know, jpmorgan, bank of america, citibank, but i like the xlf. i would still, if you want want to pick a particular name, i know it was up a fair amount recently, but i think we're not so far along in the story of recovering in financials. >> and beekers? >> well, my top trade is just the m
. >> industrial demand in platinum and a supply deficit in platinum. >> all right. guy? >> funny you should bring up bacon, mel. >> why? >> i don't know if this is the top trade of the day necessarily, but you scoffed at me, at jack -- >> you always say i scoff, but i -- >> you do scoff, unrelated to this. >> jack in the box has been a monster. i understand valuation is a stretch. and i understand that people bet against the stock and lose. i...
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the deficit will be getting smaller. won't talk much about entitlements and onerous burdens on health care and everything that is depressing us, david. liz: to be fair and balanced, david, the past couple times we had the president speak on a jobs day he has always said, yes we have job creation but it is not where we want it to be. don't you think that the important thing that he now needs to do is look forward and say, here's x, y, z what we really need to do to make that happen? and if you could fill in the blanks, what should that be? >> well, unfortunately he will stick with the old playbook. more investments which is government euphemism for more spending. tax increases. he will do it taking out some of the preferences in the tax code, increasing taxes on the upper income people which will be a downer for the economy. what he should say he is firing bernanke, will have a stable dollar. number, two, real simplification of tax code to lower tax rates as the simpson-bowles commission recommended and take a relook at t
the deficit will be getting smaller. won't talk much about entitlements and onerous burdens on health care and everything that is depressing us, david. liz: to be fair and balanced, david, the past couple times we had the president speak on a jobs day he has always said, yes we have job creation but it is not where we want it to be. don't you think that the important thing that he now needs to do is look forward and say, here's x, y, z what we really need to do to make that happen? and if you...
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savings, but we also can't expect as some republicans might like that we're going to do all future deficit reduction on medicare, medicaid education and we can't even a penny of revenue from tax reform to help lower the deficit. peter: now, on the president's commitment to cutting spending, house speaker boehner told reporters today, quote, i don't think he has the guts to do it. he doesn't have the courage to take on the liberal side of his own party. never has. liz, want to point out that, you know, the first lady has guests up in the gallery there when she's -- when they come to the state of the union address. among them, the white house confirms, will be tim cook, the ceo of apple. liz? liz: apple, yeah, he had a big day at the goldman sachs tech conference saying it was a silly side show that investors want them to move some of that cash pile back into shareholders hands. we will be watching for that. thank you. peter barnes at the white house. keep it right here on fox business for complete coverage and analysis the way you need it of tonight's state of the union with neil cavuto beg
savings, but we also can't expect as some republicans might like that we're going to do all future deficit reduction on medicare, medicaid education and we can't even a penny of revenue from tax reform to help lower the deficit. peter: now, on the president's commitment to cutting spending, house speaker boehner told reporters today, quote, i don't think he has the guts to do it. he doesn't have the courage to take on the liberal side of his own party. never has. liz, want to point out that,...
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. >> goals in manufacturing, energy, education, national security and the deficit. real achievable plans that will lead to new jobs. >> top republicans including senator mcconnell already critical of the speech. >> i strongly suspect the white house will subject us to yet another campaign blitz. frankly, i could write the scripts myself and will be told the president's hands are tied by the sequester he proposed, signed and refuses to get rid of. >> we learned the president will make a major announcement of afghanistan announcing that 34,000 u.s. troops will return home from the region exactly one year from today. that's about half the troops there now. joining us now, maryland congressman chris van hollen, ranking member of the house budget committee. thank you for joining us. >> great to be with you, tamron. >> first, what are the expectations for the president tonight? >> well, i think as you said the president's going to lay out his plan for xik growth, for job creation but focusing on the fact it is not good enough just to have economic growth for the folks alr
. >> goals in manufacturing, energy, education, national security and the deficit. real achievable plans that will lead to new jobs. >> top republicans including senator mcconnell already critical of the speech. >> i strongly suspect the white house will subject us to yet another campaign blitz. frankly, i could write the scripts myself and will be told the president's hands are tied by the sequester he proposed, signed and refuses to get rid of. >> we learned the...
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the president doesn't have the guts to go further on the deficit and the debt and the fiscal stuff. in fact, you're not going to hear a ton, i don't believe, about that tonight because, in fact, we have actually reduced the deficit over the next ten years by $2.5 trillion. much of that work is behind it. there's another $1.5 trillion needed stabilize the debt. once your hair stops being on fire on fiscal policy, on cut, slash, and burn. >> where is the party left? >> exactly. for republicans it's about cut, slash, and burn, although never specify what. that's the other part of the strategy. once that's off the table, the president can have a more actionary agenda, speaking to the kinds of things the people in this economy really care about. jobs, for example. >> i think it's just the operating strategy here is smoke and mirrors. it is let us get on the record. , with our sort of dismay. let us get on the record saying we are in opposition to this, but let us not have to propose anything measurable in terms of moving the country forward ledges laishly or many terms of policy. >> we g
the president doesn't have the guts to go further on the deficit and the debt and the fiscal stuff. in fact, you're not going to hear a ton, i don't believe, about that tonight because, in fact, we have actually reduced the deficit over the next ten years by $2.5 trillion. much of that work is behind it. there's another $1.5 trillion needed stabilize the debt. once your hair stops being on fire on fiscal policy, on cut, slash, and burn. >> where is the party left? >> exactly. for...
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that's one of the main reasons india's fiscal deficit ballooned last year. it put the rupee under pressure, slowed growth and left a finance minister concerned. >> i may add that we may be left with no choice but to make it a little more expensive to import gold. >> reporter: he then raised the import tax on gold for the third time in a year. this time, hiking it from 4% to 6%. industry insiders say that's likely to cause an increase in illegal smuggling into india, but they also don't think legal imports will come down. and even if gold ends up being more expensive, they say consumers will still want it. >> gold is the commodity which has paid you ten times in properties also the recession is there, stocks also, the index, you can see from last couple of years. nobody's got much return on the investment besides gold. >> reporter: it's been good for the retailer. but according to this economist, money spent on gold is a drag on the economy. according to estimates, indians put away about 20,000 tons of gold and jewelry, coins, and bars. >> because the savings
that's one of the main reasons india's fiscal deficit ballooned last year. it put the rupee under pressure, slowed growth and left a finance minister concerned. >> i may add that we may be left with no choice but to make it a little more expensive to import gold. >> reporter: he then raised the import tax on gold for the third time in a year. this time, hiking it from 4% to 6%. industry insiders say that's likely to cause an increase in illegal smuggling into india, but they also...
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the end of his first term, and we've seen record deficits, record spending, trillion dollar plus deficits for as long as president obama's been in office. >> reporter: a look at our or latest fox news poll from last week, we asked among other things what's your number one priority, the thing you're sort of most passionate about. dealing with government spending was number one, and yet we're hearing from the president's aides he'll be talking more tonight about investments in education, other programs. investments another word for spending, arthel. arthel: and we'll see how that goes over. ed henry, thank you very much. jon: marco rubio will give the republican response to the state of the union address. tonight will be senator rubio's chance to really shine. chief national corps 1307b9 jim angle is live in washington. the big question, jim, why senator rubio? [laughter] >> reporter: well, the answer to that question is pretty easy. there is no question that senate rubio -- who was only elected in 2010 -- is already a star in the republican party, and that's why he'll give the official res
the end of his first term, and we've seen record deficits, record spending, trillion dollar plus deficits for as long as president obama's been in office. >> reporter: a look at our or latest fox news poll from last week, we asked among other things what's your number one priority, the thing you're sort of most passionate about. dealing with government spending was number one, and yet we're hearing from the president's aides he'll be talking more tonight about investments in education,...
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. >> he says this is a big chance for the president to sell his balanced deficit reduction. the goal is to basically move public opinion forward so that moves congress. do you think the president will be able to accomplish that? >> reporter: that's the $64,000 question about this, isn't it? it's a great opportunity to get out there and take your message to the american people and go over the heads of congress and try to argue for what you believe in. on the other hand, we've seen at various times in modern history, whether it was ronald reagan or bill clinton or more, you can have a great soaring speech but it doesn't always translate into activity. i always remember ronald reagan dropping the big, thick bill that was passed at the last minute to keep the government running. and he said never more would he sign one of these to keep the government running. and about eight months later, he did the same. so sometimes yes, you get a major push out of these speeches. sometimes they are quickly forgotten. >> we'll find out tonight at 6:00 california time. thank you, jamie. you can
. >> he says this is a big chance for the president to sell his balanced deficit reduction. the goal is to basically move public opinion forward so that moves congress. do you think the president will be able to accomplish that? >> reporter: that's the $64,000 question about this, isn't it? it's a great opportunity to get out there and take your message to the american people and go over the heads of congress and try to argue for what you believe in. on the other hand, we've seen at...
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energy, education, national security and the deficit, real achievable plans that will lead to new jobs. >> reporter: tonight's new state of the union come just two weeks before budget showdowns. on march 1st, a series of draconian spending cuts both sides want to avoid but will kick in if nothing is done. then on march 30th the government completely runs out of funding. the arguments from both sides remain largely the same from previous budget impasses, the president pushing for tax hikes on the wealthy. republicans insisting on major spending cuts. >> the president will actually have to move beyond the gimmicks and the taxes and propose real spending reductions. >> reporter: despite the economic focus, the issue of guns, especially the memory of newtown, will loom over the house chamber. with lawmakers inviting guests from both sides of the gun debate, from former rock star ted nugent on one side including former congresswoman gabby giffords who also stars in this ad. >> take it from me, congress must act. let's get this done. >> reporter: tonight there will be a lot of acting cabinet
energy, education, national security and the deficit, real achievable plans that will lead to new jobs. >> reporter: tonight's new state of the union come just two weeks before budget showdowns. on march 1st, a series of draconian spending cuts both sides want to avoid but will kick in if nothing is done. then on march 30th the government completely runs out of funding. the arguments from both sides remain largely the same from previous budget impasses, the president pushing for tax hikes...
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even if this year's deficit, for example, comes in better than expected, the congressional budget office is going to seize on that later this afternoon, it does not necessarily mean that we're going to be shrinking our red ink. whatever we pile in excess spending is going to be piled onto our debt and it will go on and on and on. the concern is tonight the president is not going to talk about a sort of a broad, you know, bold-face attempt to get this under control. that could raise some hack h he hackles and on wall street serious concern. martha: i talked to senator mccarthy before and it seems like the p debate over, as you say. that he believes spending is going to be the way to improve the economy. he says there are signs in the housing market and other places that things are picking up, and it does feel like they are putting that debt issue to rest, at least for the moment, and that they don't think that they have to answer to republicans at all on that, neal. >> reporter: they are much convince towed that. they are looking at the housing you eluded to, they are looking at the impro
even if this year's deficit, for example, comes in better than expected, the congressional budget office is going to seize on that later this afternoon, it does not necessarily mean that we're going to be shrinking our red ink. whatever we pile in excess spending is going to be piled onto our debt and it will go on and on and on. the concern is tonight the president is not going to talk about a sort of a broad, you know, bold-face attempt to get this under control. that could raise some hack h...
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i think i'd like to hear jobs, jobs jobs, jobs, not one word about the deficit. that would make my heart go pity pat. not only would that make everybody's head on television explode, it would make me very happy. stephanie: we are told it will be used on using to protect jobs, bring down the deficit -- >> whoa, wait. stephanie: he will once again say this is what the american people voled for right? >> what i'm fairly impressed by is he's getting back on an airplane as soon as this is over and going to try to sell this down in north carolina. people are yelling he is still in the campaign, right he still has people backing him. stephanie: you can't reasonably watch any of those republicans eric cantor was on meet the press. no matter how you spin it, it's like no, you were on the wrong side of the polling of everything the penalty wants to get done. he ran on those issues, won on those issues. it's just -- i don't did eric cantor say anything that made sense to you sunday? >> no, this is what he did. first of all if you're giving a really big speech about how the
i think i'd like to hear jobs, jobs jobs, jobs, not one word about the deficit. that would make my heart go pity pat. not only would that make everybody's head on television explode, it would make me very happy. stephanie: we are told it will be used on using to protect jobs, bring down the deficit -- >> whoa, wait. stephanie: he will once again say this is what the american people voled for right? >> what i'm fairly impressed by is he's getting back on an airplane as soon as this...
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this president needs to engage on our debt deficit. that's critical. second, i hope it won't be that partisan. hope it will be bipartisan. realizing america has a budget problem and americans have tightened their belts and it's time we did in washington. >> i'm not as optimistic as you are. after four years, i can pretty much tell you all the issues out there and a lot of good ideas. you brought up jobs. really, isn't there a philosophical difference here. that the spending money government orchestrated version of trying to create jobs versus the type of job creation you as an acknowledged conservative believe in. thoughts? >>> ran a business for 33 years. job creation needs to be done in private sector, not in government. we heard rumors the president will talk about more government stimulus and more government jobs. that's not the solution. that perpetuates the problem. we need to get center rtainty i regulation and move this country forward. >> when it comes to regulation, you were one of several authors who wrote the original no child left behind.
this president needs to engage on our debt deficit. that's critical. second, i hope it won't be that partisan. hope it will be bipartisan. realizing america has a budget problem and americans have tightened their belts and it's time we did in washington. >> i'm not as optimistic as you are. after four years, i can pretty much tell you all the issues out there and a lot of good ideas. you brought up jobs. really, isn't there a philosophical difference here. that the spending money...
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reducing the deficit is important to all americans. how specifically will he get tonight to talk to what cuts need to be made? >> i think he will make at least three points. we have as ugly as it has been, we have cut the deficit and the majority of that has been through spending cuts. there have been rev you ins on the top 1%. he will make clear we need to go further to get the deficit reduction that we need to do and he will make a call for bipartisanship and compromise. he will be clear we need to do smart entitlement reform and having sensible savings. he will stress it has to be done in a balanced way that means you could raise some revenues through closing loopholes as part of tax reform and try to suggest that this type of bipartisan compromise where you focus on both spending cuts and revenues together. if we follow that path we can avoid the harsh impacts on the economy and shut down and threats of default that we think will only happen if people take an ideological position and say we can't have a single penny and all deficit
reducing the deficit is important to all americans. how specifically will he get tonight to talk to what cuts need to be made? >> i think he will make at least three points. we have as ugly as it has been, we have cut the deficit and the majority of that has been through spending cuts. there have been rev you ins on the top 1%. he will make clear we need to go further to get the deficit reduction that we need to do and he will make a call for bipartisanship and compromise. he will be...
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bithe end of his first term and we've seen record deficits, record spending, trillion dollars-plus deficits for as long as president obama has been in office. >> and the senate republican leader, mitch mcconnell, says the president's gotten all the tax increases that he's going to get. back to you all in new york. >> gretchen: molly henneberg live at the white house today. thanks. >> brian: should be interesting to see if ted nugent will be there. he's got an invitation from a congressman and perhaps an illegal immigrant being tossed out. so that's going to be an interesting dynamic. >> steve: lot going on. in other headlines this morning, one day after the state of the union address, president obama once again planning to bypass congress of the he's set to issue an executive order tomorrow on what companies must do to protect computers from cyber attacks. good. he failed to get the cyber intelligence sharing and protection act passed by congress. the reason? republican party is concerned that the bill would expand the government's regulatory power and increase costs for businesses. both im
bithe end of his first term and we've seen record deficits, record spending, trillion dollars-plus deficits for as long as president obama has been in office. >> and the senate republican leader, mitch mcconnell, says the president's gotten all the tax increases that he's going to get. back to you all in new york. >> gretchen: molly henneberg live at the white house today. thanks. >> brian: should be interesting to see if ted nugent will be there. he's got an invitation from a...
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so you know, jobs equal deficit reduction. so i think it's going to be something that is going to not only cause a lot of us to stand up but i hope that people watching at home, the middle class is going to stand up and say yeah, this is about me. >> bill: but you know also, that has always been a republican theme in the past, right, before president obama started. it is a way to grow the economy is through new investment, right. continuing to grow, continuing to expand. if we don't we just stagnate and go backwards you know. that's a real conservative idea. economically. >> yes. but the problem is that we can't solve the federal budget problem by creating budget problems for american families and businesses and seniors and the middle class. you know. if you cut what they want to cut from the budget, the cbo says we could go into a double-dip recession. well obviously that's not where we want to go. spending cuts in the last quarter actually were the thing that made the economy dip in terms of growth. we've seen -- in the unit
so you know, jobs equal deficit reduction. so i think it's going to be something that is going to not only cause a lot of us to stand up but i hope that people watching at home, the middle class is going to stand up and say yeah, this is about me. >> bill: but you know also, that has always been a republican theme in the past, right, before president obama started. it is a way to grow the economy is through new investment, right. continuing to grow, continuing to expand. if we don't we...
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first term and we've seen record deficits, record spending, trillion dollar plus deficits for as long as president obama's been in office. so for the average american, $50,000 in debt. it's gone up 50% since president obama's been in office and his solution to ever fiscal problem that we face has been to raise taxes not to look at the spending side of the equation. >> what do you think he's going to say tomorrow night the state of the union. >> he hopes to talk about the economy and job, an inauguration. >> and more of a rough picture speech than the state of the union. >> right, but i think we continue to see where the economy is our number one issue, jobs getting americans back to work and this is the slowest recovery in the history of this country. and i hope that president obama talks about, oh, how we're going to work to get americans back to work. >> you're part of the leadership, i'm curious, we're pushing up on this march 1st sequestration deadline, have you heard from the white house? i mean, is there a dialog going on between the white house and the house of representatives
first term and we've seen record deficits, record spending, trillion dollar plus deficits for as long as president obama's been in office. so for the average american, $50,000 in debt. it's gone up 50% since president obama's been in office and his solution to ever fiscal problem that we face has been to raise taxes not to look at the spending side of the equation. >> what do you think he's going to say tomorrow night the state of the union. >> he hopes to talk about the economy and...
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how do you square pro growth with cuts deficits now? that is the problem that republicans couldn't get their arms around in the last election, let's see if rubio can do it now. >> and let's see if he can come up with something new. >> big government, i think we've heard it. >>> coming up, the latest on the roadblocks against the violence against women act. karen finney will join us. keep tweeting your answers, coming up. male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or a
how do you square pro growth with cuts deficits now? that is the problem that republicans couldn't get their arms around in the last election, let's see if rubio can do it now. >> and let's see if he can come up with something new. >> big government, i think we've heard it. >>> coming up, the latest on the roadblocks against the violence against women act. karen finney will join us. keep tweeting your answers, coming up. male announcer ] citi turns 200 this year. in that...
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Feb 12, 2013
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. >> i will not allow the structural deficit to be balanced solely on the backs of residents and employees, not on my watch. tourists, commuters, tax exempt entities and private developers will be part of the long-term solution. >> recent report found baltimore could face a $2 billion budget shortfall over the next decade. >>> dog hearts are all aflutter tonight in the big apple. the dog show is in full swing at madison square garden, and this is the dog to root for. blanket rocket ship is a bermese mountain dog from here. if he wins, he has a shot at best in show. no drooling and do us proud! >> poor guy. >> and brush your teeth. >> catching me at my worst moment, i'm being showered here. >>> drifting away. thousands of cruise passengers stranded in the gulf of mexico. what went wrong and the effort to return them to dry land. >>> cooling down for the rest of the week. i'll have the complete forecast coming up next. this is so sick! i can't believe your mom let you take her car out. this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom)
. >> i will not allow the structural deficit to be balanced solely on the backs of residents and employees, not on my watch. tourists, commuters, tax exempt entities and private developers will be part of the long-term solution. >> recent report found baltimore could face a $2 billion budget shortfall over the next decade. >>> dog hearts are all aflutter tonight in the big apple. the dog show is in full swing at madison square garden, and this is the dog to root for....
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Feb 12, 2013
02/13
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how do you square pro growth with cuts deficits now? that is the problem that republicans couldn't get their arms around in the last election, let's see if rubio can do it now. >> and let's see if he can come up with something new. >> big government, i think we've heard it. >>> coming up, the latest on the roadblocks against the violence against women act. karen finney will join us. keep tweeting your answers, coming up. why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. did you know not all fiber is the same? citrucel is different- it's the only fiber for regularity that won't cause excess gas. it's gentle and clinically proven to help restore and maintain regularity. look for citrucel today. it's gentle and clinically pryou know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment
how do you square pro growth with cuts deficits now? that is the problem that republicans couldn't get their arms around in the last election, let's see if rubio can do it now. >> and let's see if he can come up with something new. >> big government, i think we've heard it. >>> coming up, the latest on the roadblocks against the violence against women act. karen finney will join us. keep tweeting your answers, coming up. why turbo? trust us. it's just better to be in front....
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Feb 12, 2013
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the deficit since the top of the year 5.25" of rainfall. if you go back to july since we had so much at the end of the year, we are only 1.25" deficit. water vapor up in the pacific northwest towards spokane and burns, oregon, that is where we have some moisture in the air. that would turn into cloud cover or rainfall in some spots. for us none of that. we won't have any of that anytime soon because this big dome of high pressure is taking that moisture sending it off to the east and every direction but here. so we'll have chilly mornings, sunny afternoons, and a gradual warmup as that high gets stronger and closer to us. some of you will get into the upper 60s. some of you will even hit 70 degrees by friday. that will be february 15th. you may hit 70 degrees. sunny through the weekend and temperatures will not be near freezing, 30s inland but not near freezing for the next several nights. sunnyvale 62 tomorrow. san jose sunshine 63. san ramon 62. concord tomorrow 62 degrees. kentfield 60. and alameda sunshine for your tuesday, 62 degrees.
the deficit since the top of the year 5.25" of rainfall. if you go back to july since we had so much at the end of the year, we are only 1.25" deficit. water vapor up in the pacific northwest towards spokane and burns, oregon, that is where we have some moisture in the air. that would turn into cloud cover or rainfall in some spots. for us none of that. we won't have any of that anytime soon because this big dome of high pressure is taking that moisture sending it off to the east and...
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we absolutely must deal with the budget deficit. but this massive indiscriminate-type approach is counterproductive. such cuts will dampen growth and thereby reduce tax revenue. such cuts definitely are not dealing with the deficit over a long term. with less than three weeks away from having these massive cuts, i'm here to join others in urging that president obama, congressional leaders come together for the sake of america's people and end this sequestration. together, we before you are united in our efforts to ensure that america maintains its place in innovation and research. thank you all for being here. >> good morning, everyone. i am hunter rawlings, representing the aau. as peter said, he and i are representing the task force on american innovation, and you have a letter in your packet from the task force that i hope you will take a good look at. the sequester is the most unpopular thing in washington, d.c., since the dallas cowboys. it is mindless and will cause great harm . the president hates it. speaker boehner hates it
we absolutely must deal with the budget deficit. but this massive indiscriminate-type approach is counterproductive. such cuts will dampen growth and thereby reduce tax revenue. such cuts definitely are not dealing with the deficit over a long term. with less than three weeks away from having these massive cuts, i'm here to join others in urging that president obama, congressional leaders come together for the sake of america's people and end this sequestration. together, we before you are...
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Feb 12, 2013
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such cuts definitely earn dealing with the deficit over the long-term. for less than three weeks away from having these massive cuts. i am here to join others in urging president obama, congressional leaders come together to defeat america's future anti-sequestration. to gather, we before you are united to ensure america maintains its place and the innovation research. >> good morning, everyone. i am hunter rawlings representing the aau, which comprises 60 of the leading research universities in the u.s. as peter said, he and i are also representing the task force on american innovation and you have a letter in your press packet from the task force that i hope you will take a good look at. sequesters the most unpopular and had washington d.c. since the dallas cowboys. [laughter] it is mindless and will cause great harm to our country. the president hates it. speaker boehner he said. majority leader, harry reid, he'd say. and they created it. imagine how the rest of us feel about it. yet somehow our leaders can't seem to figure a way out of that. we all a
such cuts definitely earn dealing with the deficit over the long-term. for less than three weeks away from having these massive cuts. i am here to join others in urging president obama, congressional leaders come together to defeat america's future anti-sequestration. to gather, we before you are united to ensure america maintains its place and the innovation research. >> good morning, everyone. i am hunter rawlings representing the aau, which comprises 60 of the leading research...
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Feb 11, 2013
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the economy, which people cite as their top concern, well ahead of other leading issues such as the deficit, guns, or health care. the white house has certainly gotten the message on jobs and isn't waiting until tomorrow night to start getting its message out before the inevitable republican attacks start raining down. take a listen. >> you will hear in the president's state of the union an outline from him for his plan to create jobs and grow the middle class. the middle class is the engine that drives this country forward and which will, if it is given the right tools and the right opportunities, will drive us forward in the 21st century. >> let's get to our guest, democratic strategist bob shrum, and karen finney. the president is expected to use the speech as a way to frame the debate over the so-called sequester which would mean $85 billion in cuts that republicans claim are entirely his fault. take a listen to this. >> you know, the president, he's the one who proposed the sequester in the first place. >> it's what president obama proposed in 2011. >> it is inevitable quite frankly. n
the economy, which people cite as their top concern, well ahead of other leading issues such as the deficit, guns, or health care. the white house has certainly gotten the message on jobs and isn't waiting until tomorrow night to start getting its message out before the inevitable republican attacks start raining down. take a listen. >> you will hear in the president's state of the union an outline from him for his plan to create jobs and grow the middle class. the middle class is the...
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>> well, in the last two years we've seen about $2.4 trillion of deficit reduction, 1.7 of that coming from spending cuts and .7 coming from tax increases on the wealthy. so i think there's still a lot of need for revenue from upper income earners, and the public agrees with that. and they want to see spending cut, too, and that's what the president and democrats have put forward. i think they'll keep talking about keeping that balanced approach, and if republicans keep insisting there are no more revenues, thai not on the -- they're not on the side of the public. jon: wait, wait, quickly. where have they put forward spending cuts? >> the president and senate democrats have put forward a balanced plan to move the sequestering back by a year, and the republicans are ve jekylling that saying they won't accept any revenue. they would rather have the sequester happen, they would rather have it tank the economy and undermine our national security than agree to a compromise. and i think, you know, the public is going to see through that sort of extremist position. jon: well, the president, i
>> well, in the last two years we've seen about $2.4 trillion of deficit reduction, 1.7 of that coming from spending cuts and .7 coming from tax increases on the wealthy. so i think there's still a lot of need for revenue from upper income earners, and the public agrees with that. and they want to see spending cut, too, and that's what the president and democrats have put forward. i think they'll keep talking about keeping that balanced approach, and if republicans keep insisting there...
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i will terminate the deficit. >> he didn't terminate the deficit. it took a democrat to do that. >> stephanie: he said it is no longer frightening. he likes it when people mock his accent. in the '70s, people were frightened of the german accent. >> it is technically us a -- austrian. >> stephanie: right. [ ♪ "world news tonight" ♪ ] he said that he's 65 now. he gets better with age. he's in a new movie. the last stand. >> i don't think it did very well. >> stephanie: no? he said i got older i got wiser. i experienced certain things as governor that helped me with my performance. you did do some acting. >> there was a performance. >> stephanie: i'm talking about the housekeeper. >> yeah, i know. he had to perform. he had to perform in order to -- >> stephanie: here's the part where he says something that makes sense. he's called for american leaders to think beyond gun laws. he says u.s. leaders need to address issues such as parenting, mental illness as well as laws on firearms when discussing ways to reduce gun violence. and things of that nat
i will terminate the deficit. >> he didn't terminate the deficit. it took a democrat to do that. >> stephanie: he said it is no longer frightening. he likes it when people mock his accent. in the '70s, people were frightened of the german accent. >> it is technically us a -- austrian. >> stephanie: right. [ ♪ "world news tonight" ♪ ] he said that he's 65 now. he gets better with age. he's in a new movie. the last stand. >> i don't think it did very...
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need to limit our spending, deficits are a problem and do what he always does, is spend more money. he gives great speeches. they're wonderful. but look at the actual actions and its ongoing spending, ongoing deficits, 50% increase in the national debt. we're up to $60.5 trillion national debt. we'll be up by the end of the year. i don't think any his budgets balanced in any of the years. the republicans should kill some programs and kill some of this activity wiping us out. >> gretchen: thanks so much. >> thank you. >> gretchen: coming up, taliban despises us. the muslim brotherhood wants to destroy us. can we afford to make defense cuts then right now? general bob scales next. [ male announcer ] how do you make america's favorite recipes? just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. >> i'm bill hemmer. nothing like a bombshell to start the week. the pope is resigning, full and complete reaction on this breaking story. 67
need to limit our spending, deficits are a problem and do what he always does, is spend more money. he gives great speeches. they're wonderful. but look at the actual actions and its ongoing spending, ongoing deficits, 50% increase in the national debt. we're up to $60.5 trillion national debt. we'll be up by the end of the year. i don't think any his budgets balanced in any of the years. the republicans should kill some programs and kill some of this activity wiping us out. >> gretchen:...
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. >> but republicans got to the brink and caved on the deficit ceiling. they got to the brink and they caved on sequester the first round. now, sequester comes back and still with the budget. and and they are saying, no, no, no. they are saying again that we are never going to agree with this unless we get major, major spending cuts and social security and welfare but can we believe him anymore? i mean it looks to me at the same time like they will get to the brink again and realize, no, no, no. we can't do this. if we look at recent history, that would be the course. what's fascinating is the republicans see this as the major bargaining chip to get their desired spending cuts but if we remember from their campaign last fall we saw mitt romney and paul rind on trying to avert the sequester saying this would be a really bad thing, you know, especially for defense. now, we kind of see a reverse here john boehner has said that he does not support a delay which the president wants, which the president outlined last week. so they are saying, we are ready to --
. >> but republicans got to the brink and caved on the deficit ceiling. they got to the brink and they caved on sequester the first round. now, sequester comes back and still with the budget. and and they are saying, no, no, no. they are saying again that we are never going to agree with this unless we get major, major spending cuts and social security and welfare but can we believe him anymore? i mean it looks to me at the same time like they will get to the brink again and realize, no,...
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[applause] if you look at what is happening here, it is true that the deficit are going to be below $1 trillion for the first time in several years. and it is true that the new revenues raised in spending that you did not do. it is true that the economy is beginning to grow again. but this is almost like the reverse of what we did in 1993. that is, i was prickly well aware if we raise taxes and cut spending, it could have a dragging effect in the economy. but not nearly as much as spending 40% of the budget paying interest on the debt. not nearly as much as having low growth. at nearly as much as having interest rates that were too high. so our gamble was that the explosive the fact of lowering interest rates, with a booming bond market and having more disposable income over a 5 =-10 year period would more than offset putting the hammer down by raising more money and cutting spending. it turned out to be a good gamble, but it made sense. it will make sense here again. but timing is everything. and so, i think he should have a budget that does not defy our arithmetic but also, and doesn
[applause] if you look at what is happening here, it is true that the deficit are going to be below $1 trillion for the first time in several years. and it is true that the new revenues raised in spending that you did not do. it is true that the economy is beginning to grow again. but this is almost like the reverse of what we did in 1993. that is, i was prickly well aware if we raise taxes and cut spending, it could have a dragging effect in the economy. but not nearly as much as spending 40%...
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. >>> and nancy pelosi says the cuts will not reduce the federal did he deficit. >>> and the new i-pad app is ready for you to download. you can get drive time traffic. video with breaks news any time, anywhere. [ woman ] my boyfriend and i were going on vacation, so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot, even on a holiday weekend. ♪ things are definitely... looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. >>> 3 people died today when a helicopter crashed on a southern california ranch used by a film production company. it happened around 4:00 this morning south of palm dale in los angeles accounted county. a spokesman said a reality show was being filmed at the time of the crash but exactly why the aircraft went down is unknown at this time. >>> ambulances, helicopters and hiltary vehicles
. >>> and nancy pelosi says the cuts will not reduce the federal did he deficit. >>> and the new i-pad app is ready for you to download. you can get drive time traffic. video with breaks news any time, anywhere. [ woman ] my boyfriend and i were going on vacation, so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite...